Search site             Home line  About us line  Contact us line  Ask an expert   line  Forms line  Corporate recovery      

Bankruptcy Calgary Edmonton Q&A Forum



Hi there, I was wondering. If I file for bankruptcy again and I'm able to find a secured job with high income. Is it possible to pay the bankruptcy off early? Currently I'm unemployed due to the oil crisis in Alberta. My hopes are high that I'll be able to find a high income job in the next few months. Current debt amount is $17,000. And I'm aiming high for a $100,000 dollar job.



Grant Thornton Limited



May 01, 2015



Hi Otilio, Typically an individual cannot receive a discharge from bankruptcy sooner than the prescribed automatic discharge term even when all of the payments and duties are complete. If the bankruptcy process will hinder your ability to earn a significant amount of income than the Court may discharge you from bankruptcy with special conditions. Perhaps you may want to sit down with someone at our office to discuss a consumer proposal. A proposal is an alternative to bankruptcy which will allow for monthly payments to your creditors. Once the payment arrangement is agreed upon then when your employment situation improves than you may pay the balance off sooner. Please do not hesitate to contact our office should you have any questions or concerns regarding how a proposal and a bankruptcy may affect you.

Susan Methuen
T 403-310-8888


For debt help and bankruptcy in Calgary, Edmonton, and throughout Alberta, call TOLL FREE from anywhere in Alberta: 310-8888
We're here until 9 PM weekdays and 9 AM to 4 PM on Saturday to take your call



All locations

© 2011 Grant Thornton Limited • All rights reserved

back to Bankruptcy Alberta home

Confidential callback from a bankruptcy professional

Please call me

As soon as possible
Today at
Next business day at

My Phone # 


Ask for